India has become a market that you can’t ignore: Global experts
India has become a market that you can’t ignore, pushed on by government reforms and a booming tech industry, top industry experts have said.
India has become a market that you can’t ignore, pushed on by government reforms and a booming tech industry, top industry experts have said.
UP Chief Minister Yogi Adityanath, on Tuesday, said that the investment proposals totaling Rs 40 lakh crore received during last year’s Global Investors Summit, bear testimony to the growing interest of investors from across the globe in the state.
This assurance was reaffirmed by the Group Chairman Anil Agarwal at a meeting on breakfast with Chief Minister Bhajan Lal Sharma at the former's residence in London.
'The RIPS-2024, a flagship programme of the state government, will provide a set of new incentives to investors for IT, Power, Logistics sectors and more additions on the list of new sunrise sectors', Sharma has announced.
In preparation for this ambitious business conclave, the state government has planned investor meetings across the country and overseas.
India needs to increase its annual addition of EV-ready workers from 15,000 to 30,000 to achieve full localization of EV components by 2030, as per a study by the Society of Indian Automobile Manufacturers.
Mutual fund industry witnessed strong inflow via new fund offers (NFOs) in June as 11 NFOs of different fund houses collected Rs 14,370 crore last month.
Sunday’s agenda will involve industry interaction…to see what we can do to kickstart investments, he said.
The Indian economy is among the few in the region where investment rates rose between 2015 and 2023, a report showed on Monday.
Another $150 billion-$170 billion of investment will be required for electricity transmission and distribution as well as energy storage, the report stated.
